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Fundamentals for R R Kabel Limited
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Fundamentals for R R Kabel Limited
Business Operations:
Sector: IndustrialsIndustry: Electrical Equipment & Parts
R R Kabel Limited manufactures and sells wires and cables, and fast-moving electrical goods (FMEG) in India and internationally. The company offers house wires, industrial wires, power cables, and special cables. It also provides FMEG products, such as fans, LED lighting, switches, switchgears, water heaters, and other appliances. Its products are used in residential, commercial, industrial, and infrastructure sectors. The company was formerly known as Ram Ratna Agro-Plast Limited and changed its name to R R Kabel Limited in November 2000. R R Kabel Limited was incorporated in 1995 and is based in Mumbai, India. R R Kabel Limited is a subsidiary of Ram Ratna Wires Limited.
Revenue projections:
RRKABEL's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 1.847000 |
|---|---|
| forwardPE | 28.236483 |
| debtToEquity | 16.780000 |
| earningsGrowth | 1.345000 |
| revenueGrowth | 0.195000 |
| grossMargins | 0.184740 |
| operatingMargins | 0.071150 |
| trailingEps | 35.680000 |
| forwardEps | 47.867150 |
RRKABEL's current ratio, being 1.847, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, RRKABEL is well-equipped to meet its immediate financial obligations without any difficulties.
R R Kabel Limited's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
RRKABEL's Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook.
With both earnings and revenue growth showing positive trends, R R Kabel Limited is expected to expand its business. This signals a healthy financial trajectory, suggesting that the company is positioned for continued growth and increasing profitability.
RRKABEL's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Price projections:
Over time, price projections for RRKABEL have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in RRKABEL's ability to deliver strong results and achieve higher market value.
Recommendation changes over time:
The analysts' recent buy bias for RRKABEL indicates strong confidence in the stock's future performance. This could encourage more investors to view RRKABEL as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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